Positive factors cumulative blue chip stocks expected to make up

Positive factors cumulative blue chip stocks expected to make up
China Securities Network Wu Yuhua Yesterday, the two cities fluctuated and adjusted. The Shanghai Composite Index and the Shenzhen Stock Exchange Index stopped at a “seven consecutive gains.”Under the adjustment of the two cities, the market transaction volume has been enlarged, and the turnover of the two cities exceeded 870 billion yuan yesterday.Analysts said that the short-term trend of the market may be repeated, but the overall upward trend is over, the index continues to grow, and the relatively weak blue-chip stock market performance since the Spring Festival promotes supplementary gains.  The daily limit of multiple technology stocks yesterday, the Shanghai Stock Index and the Shenzhen Stock Exchange Index stopped the “seven consecutive gains.” From the perspective of the market, under the overall market adjustment, most of the stocks in the two cities have contracted.Wind data shows that the number of rising stocks is 830, of which 57 stocks are rising; the number of falling stocks is 2872, and the number of falling stocks is 7.In terms of industry sectors, most industry sectors decreased. 24 of the 28 industries in Shenwan’s first-tier sector declined. The media, comprehensive, and communications industries led the declines, down 2 respectively.12%, 1.96%, 1.90%; only 4 industries increased, namely real estate, non-ferrous metals, construction materials, and electronics industries, with a rise of 1.36%, 0.94%, 0.63%, 0.51%.  From the perspective of the daily limit stocks, it is still the majority of technology stocks, such as Dagang shares in the electronics sector, Suzhou Guzhen, Beijing Junzheng, Zhuo Shengwei, Dali Technology, Taiji shares, 都市夜网 Tianhua ultra clean, butJudging from the purchase order situation, Dagang, Beijing Junzheng, and Zhuo Shengwei have smaller orders, which have not exceeded 10,000 contracts.  From the perspective of the concept plate, the concepts of phosphorus chemical industry, glyphosate, and the national large fund rose the most, while online education, cloud office, and super bacteria and other plates fell the most.  The structural market is significantly under the recent continuous rebound in the market. Both the Shenzhen Stock Exchange Index and the ChiNext Index have recovered their losses on February 3.However, judging from the situation of individual stocks, most of the stocks merged and even returned to the closing price on January 23, reflecting the recent rebound in the market as a significant structural market.  Wind data shows that as of the close of February 13, there were 2,640 stocks in the A-share market that had not yet returned to the closing price of January 23, accounting for nearly 70% of the total number of stocks.In other words, under the circumstances that the Shenzhen Stock Exchange Index and the ChiNext Index have recovered the declines on February 3, there are still nearly 70% of the stocks in the two cities that have not returned to the levels of January 23.Among these stocks that have not previously returned to the level of January 23, blue chips overlap a certain proportion, such as Changchun High-tech, Luzhou Laojiao, China Life and other stocks.  Analysts believe that in the short term, the Shanghai Composite Index has further rebound space, while the blue chip sector represented by the Shanghai stock market has a need to make up.  Except that most of the stocks have not returned to the level of January 23 in the recent rally, positive factors in the market are gradually accumulating at the same time.  Scale, incremental funds continue to enter the market.Wind data show that as of February 13, since February, Northbound funds have gradually net inflows of 301.At 0.8 billion yuan, there were net inflows in 6 of the last 9 trading days.In the case of the adjustment of the two cities yesterday, the net inflow of northbound funds7.9.1 billion yuan.From yesterday’s Shanghai-Shanghai Stock Connect and Shenzhen Stock Connect’s top ten active stocks, Tianqi Lithium, Wuliangye, and Shanghai Airport each received a net purchase of 5.5.3 billion, 2.5.8 billion, 2.3.8 billion yuan.Huiding Technology, BOE A, and Maotai, Guizhou were net sold 2 respectively.7.8 billion yuan, 2.6.8 billion yuan, 1.9.3 billion yuan.In addition to the continued admission of northbound funds, financing funds also continued to enter.Wind data shows that as of February 12, the financing balance for February increased by 103.2.1 billion yuan.  At the same time, recent proactive fiscal policies have been continuously introduced.Guosheng Securities said that the policy of countercyclical adjustments has gradually increased.Since the outbreak of the epidemic, regulators have continuously issued positive signals to clearly protect the real economy and capital markets.The current implementation of standard policies has accelerated and the market has ample liquidity.With the gradual easing of the epidemic, long-term funds are expected to continue to enter the city under a loose policy environment, and the A-share market after the epidemic will continue to return to the long bull and slow bull track.  Short-term downside is limited. With the active entry of funds and ample market liquidity, how do you view the market outlook?  Huaxin Securities said that the A-share market is expected to continue to be strong. Although there are short-term adjustment pressures, A-shares have now started a structural trend. For investors, they should continue to focus on the long-term strategic allocation and ignore the short-term index.fluctuation.  Anxin Securities said that the current characteristics of the A-share market are relatively similar. In the second half of 2013, the overall market ‘s downside risk was not large, the stock market ‘s medium-term allocation value, and the short-term main board index trend was not strong. It is necessary to observe and wait for follow-up policies.Therefore, it is not appropriate to talk about style conversion at this time, and the structural market needs further interpretation.The short-term market will inevitably experience several iterations after a rapid and strong rebound, but the systemic risk is limited. The market needs to pay attention to the manufacturing repair market under the lead of resumption of work, and pay attention to “new infrastructure” investment opportunities under the background of steady growth.  China CITIC Securities believes that the market is likely to enter a balanced shock with short-term up and down space.In terms of industry configuration, we continue to pay attention to three main lines.First, the main line of technological innovation transformation and upgrading.Under the condition of falling interest rates, growth stock estimates will continue to be supported.Judging from the performance forecasters and performance express reports, the performance growth of both the GEM and the small and medium-sized boards have seen long-term growth.The epidemic has further catalyzed the development of online industries such as video conferencing and cloud office, and recommends cloud computing, medical informatization, and new energy vehicles.Second, adjust the main line in a counter-cyclical manner.After the epidemic is gradually over, counter-cyclical adjustments will be strengthened. There are certain opportunities for cyclical industries such as building materials, cement, chemical industry and machinery and construction industries to obtain absolute benefits.Third, the main line of recovery after demand compression.After the epidemic is over, the earlier period will be compressed, and the demand for later recovery will become the most flexible sector, mainly including the real estate, home appliances and home furnishing industries.  Industrial Securities said that the short-term market may be affected by some external factors, but it is still the bottom area in the medium and long term.At first glance, due to the release of monthly and quarterly economic fundamentals data, investors are expected to change, questioning the logic of market fundamentals, and disrupting the market.In the long run, it maintains a positive view of the market.